85R7744 TJB-D
By: Dutton H.J.R. No. 66
A JOINT RESOLUTION
proposing a constitutional amendment authorizing the legislature
to exempt from ad valorem taxation by one or more political
subdivisions of this state property located near a public school
that is owned for the purpose of building low-income or
moderate-income housing.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Article VIII, Texas Constitution, is amended by
adding Section 1-v to read as follows:
Sec. 1-v. (a) The legislature by general law may exempt from
ad valorem taxation by one or more political subdivisions of this
state property located near a public school that is owned by a
person for the purpose of building low-income or moderate-income
housing on the property.
(b) The legislature may provide additional eligibility
requirements for an exemption authorized by this section.
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 7, 2017.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment authorizing the
legislature to exempt from ad valorem taxation by one or more
political subdivisions of this state property located near a public
school that is owned for the purpose of building low-income or
moderate-income housing."